Behind the Scenes of AST SpaceMobile's Latest Options Trends
Portfolio Pulse from Benzinga Insights
AST SpaceMobile (NASDAQ:ASTS) has seen significant bearish options activity, with 54% of trades showing bearish sentiment. The stock is currently trading at $33.55, up 2.1%, but analysts have mixed price targets ranging from $26 to $45. The company's next earnings report is in 78 days.
August 26, 2024 | 5:30 pm
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AST SpaceMobile has experienced a notable bearish trend in options trading, with 54% of trades showing bearish sentiment. Despite this, the stock price has risen by 2.1% to $33.55. Analysts have mixed views, with price targets ranging from $26 to $45.
The significant bearish sentiment in options trading suggests a potential short-term downside for ASTS. However, the stock's recent price increase and mixed analyst ratings indicate uncertainty. The bearish options activity is a strong indicator of potential short-term price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100